Calculate a Loan Payment for a $8000 Loan
Loan Amount:        $
Interest Rate:        %
Length in Years:
Monthly Payment:  


  • Enter your loan amount, loan length, and length in years.
  • Common Loan lengths for cars are 3 years (36 months), 4 years (48 months), and 5 years (60 months).
  • Common Loan lengths for homes are 15 years, 20 years, 25 years, or 30 years.
  • Notice how the payment changes when the interest rate is 3,4,5,6 or 7 percent.


  • $8000 loan for 30 years. Compare monthly payment by interest rate.
Interest Rate Monthly Payment
3.00% $33.73
3.25% $34.82
3.50% $35.92
3.75% $37.05
4.00% $38.19
4.25% $39.36
4.50% $40.53
4.75% $41.73
5.00% $42.95
5.25% $44.18
5.50% $45.42
5.75% $46.69
6.00% $47.96
6.25% $49.26
6.50% $50.57
6.75% $51.89
7.00% $53.22
7.25% $54.57
7.50% $55.94
7.75% $57.31
8.00% $58.70
8.25% $60.10
8.50% $61.51
8.75% $62.94